Search for: "Federal Deposit Insurance Corporation, The"
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23 Sep 2008, 10:32 am
Of course, for the unwitting consumers who found out this summer that some of their bank-held funds exceeded Federal Deposit Insurance Corp.'s limits, or didn't meet requirements for full coverage, the failures are no joking matter. [read post]
23 Sep 2008, 9:54 am
The RTC, along with the Office of Thrift Supervision (OTS) and Federal Deposit Insurance Corporation (FDIC), still inspire a special dread within the legal profession for the way they went after law firms in the early 1990s. [read post]
23 Sep 2008, 9:37 am
Adding a deposition, which would naturally have to occur after discovery (as it does in the federal system), won't really change that dynamic, it just slightly advances the time when the expert pulls out. [read post]
17 Sep 2008, 3:15 pm
And if you think that Treasury might be good at running an insurance company, here's a paper on what has happened when it takes on broad new responsibilities.A tiny bit more on Fed receivership practice: the Federal Reserve Act section 11 envisions the Fed calling for a receivership - but that's for federal insured banks:The Board may appoint the Federal Deposit Insurance Corporation … [read post]
17 Sep 2008, 12:28 am
If you read the prospectus, you would have read something like this: "An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. [read post]
12 Sep 2008, 8:26 pm
• The Federal Deposit Insurance Corporation announced that 117 banks and thrifts were considered to be in trouble in the second quarter of 2008. [read post]
12 Sep 2008, 2:55 am
According to various news sources (here), Kansas Bankers Surety (KBS, about which refer here), a unit of Berkshire Hathaway, is exiting the business of privately insuring bank deposits beyond the $100,000 limit of the Federal Deposit Insurance Corporation. [read post]
11 Sep 2008, 3:35 am
Protecting Our Banks The Federal Deposit Insurance Corporation, the body that insures bank deposits up to $100,000, has raised the number of "troubled banks" to 117. [read post]
9 Sep 2008, 2:44 am
The problem arises when any single account, in one person’s name exceeds the Federal Deposit Insurance Corporation guaranteed limit of $100,000. [read post]
6 Sep 2008, 2:27 am
On November 7, 2007, the Federal Deposit Insurance Corporation, the Federal Reserve Board, the Office of the Comptroller of the Currency, the Office of Thrift Supervision and the National Credit Union Administration issued a joint final rule (along with the Federal Trade Commission (FTC) and the Securities and Exchange Commission(SEC), which separately adopted and proposed, respectively, similar regulations) under… [read post]
3 Sep 2008, 9:11 pm
Among other things, the SEC accused the brokers of telling customers that the auction-rate securities which they were selling were safe and liquid alternatives to bank deposits or money market funds and were backed by insured student loans. [read post]
2 Sep 2008, 8:03 pm
In mid-July, the Federal Deposit Insurance Corporation (FDIC) issued a final policy statement on how it would treat covered bonds in the event of a bank’s failure,[1] and at the end of July, the Treasury issued a long statement on best practices for covered bonds.[2] In a covered bond transaction, mortgages remain on the books of the bank or other depository institution but serve as collateral for bonds issued to finance the acquisition of the mortgages.… [read post]
28 Aug 2008, 2:15 pm
Simpson, No. 07-5840 A sentence and order of restitution imposed for defendant's crime of mail fraud, involving his underreporting of payroll information for his businesses to his workers' compensation insurance carriers, is affirmed where the district court correctly concluded that the "loss" caused by this conduct was the amount of additional premiums that the insurance carriers would have charged had they been given accurate information. [read post]
27 Aug 2008, 11:47 am
Bair, the chairwoman of the Federal Deposit Insurance Corporation, warned on Tuesday that the outlook for the ailing banking industry was bad â€â [read post]
26 Aug 2008, 10:33 pm
News release: "Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported net income of $5.0... [read post]
26 Aug 2008, 8:45 pm
The Federal Deposit Insurance Corporation warned Tuesday that the nation's ailing banking industry was likely to weaken further. [read post]
25 Aug 2008, 1:11 am
The Federal Deposit Insurance Corporation (FDIC) was immediately appointed as receiver. [read post]
9 Aug 2008, 5:28 am
"The Federal Deposit Insurance Corporation (FDIC)...issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment... [read post]
29 Jul 2008, 3:36 am
The failure of IndyMac Bank has caused many bank depositors to ask questions about FDIC - the Federal Deposit Insurance Corporation. [read post]
18 Jul 2008, 8:37 pm
The letter that Senator Chuck Schumer sent to the Federal Deposit Insurance Corporation and the Office of Thrift Supervision about IndyMac has been making headlines, especially after the bank run that lead the FDIC to step in officially. [read post]
